Why Law Firms Should Apply to be B Corps
Environmental, social, and governance concerns are increasingly important to law firms, yet few have taken the step to become B Corp certified.
As of now, only 36 law firms, including SA Law, out of 3,467 certified companies in the UK, have achieved B Corp status.
Certified B Corps are companies that meet high standards of social and environmental performance, transparency, and accountability, considering the impact of their decisions on workers, clients, suppliers, community, and the environment.
The reason why so few law firms are certified remains unclear.
Certified B Corps are legally required to consider the impact of their decisions on workers, clients, suppliers, community, and the environment, rather than focusing solely on profit.
Author's summary: Law firms should consider B Corp certification for social responsibility.